Industry Analysis & Industry Trends
The Pharmaceuticals Packaging and Labeling Services industry has performed well over the past five years, with minor losses in 2009. Strong growth will continue through 2020, as the number of individuals will healthcare increases as healthcare reform initiatives go into effect and the aging population grows. As patents on brand name drugs expire, the industry will benefit from generic manufacturers that will need industry services. However, this translates to less revenue from brand name pharmaceutical companies as a result of their generally less lucrative contracts.... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of the Pharmaceutical Packing and Labeling Services industry closely follows that of the US pharmaceutical manufacturing sector, as participants often operate near manufacturers to reduce distribution and transportation costs. Additionally, the benefits of locating near pharmaceutical manufacturers include a local specialized work force, experienced business services and availability of facilities that are often highly specialized and expensive to build.
The Mid-Atlantic and West regions are the most prolific pharmaceutical and drug manufacturing regions in the United States. Consequently these two regions also have the highest concentration of industry establishments... purchase to read more